# PPP loan: ACOUSTICS PLUS, INC
> **$286K** approved 04/28/2020 · Paid in Full · Loan `1582987304`
## Borrower
- **Name:** ACOUSTICS PLUS, INC
- **Address:** 7305 E EDGEWOOD AVE, INDIANAPOLIS, IN, 46239-9557
- **NAICS:** 238310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $286K
- **Initial approval:** $286K
- **Forgiven:** $289K (101%)
- **Forgiveness date:** 04/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $204K
- **Health care:** $82K
- **Jobs reported:** 23
## Lender
- **Originating:** Lake City Bank
- **Servicing:** Lake City Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*